You are here: Home » PTI Stories » National » News
Business Standard

SKorea to pay USD 2.6 million for North's Olympic presence

AFP  |  Seoul 

today approved a USD 2.6 million budget to cover expenses for North Koreans visiting for the Pyeongchang Winter Olympics, officials said, after the North's praised the South's hospitality.

The 2.86 billion won will cover transport, hotel, and other cost for 229 cheerleaders, a taekwondo demonstration team, and around 140 art performers, the said in a statement.

The bill for 22 North Korean athletes attending the Games will be paid separately by the International Olympic Committee, officials said.

has been careful to try to ensure that the North Koreans' visit does not lead to a breach of the many different sanctions imposed on over its nuclear and ballistic missile programmes, and the money is expected to be paid directly to service providers, rather than Northern officials.

Cho Myoung-gyon, who chairs the ministry's South and that provided the funds, said the North's presence in Pyeongchang was generating "key momentum for improving inter-Korean relations and securing peace on the Korean peninsula".

He acknowledged concerns over the nuclear-armed North's participation in the South's Games.

"We are keeping well in mind IOC regulations, international norms and sanctions against the North," Cho added, according to agency.

US Vice warned last week he would not allow "North Korean propaganda to hijack the message and imagery of the Olympic Games".

North Korean has praised the welcome the South gave the North's high-level delegation last week, which included his sister Jong.

Yo Jong delivered Kim's invitation for the South's Moon Jae-in to come to a summit in

Moon did not immediately accept, saying the "right conditions" were needed.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 14 2018. 14:30 IST